Remove Global Remove Product Development Remove Retention
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How To Survive The Loss Of A Main Customer

YoungUpstarts

.: sales to product development), the problems will continue to exist. Failure to focus on customer retention, for example, is a surefire way to brush aside the frustrations of existing customers. For smaller businesses, simple incentives can be given to the sales team to encourage customer retention.

Customer 347
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Airbnb S-1 (Part 1): So How Profitable Is This Thing Really?

View from Seed

Airbnb’s bookings have rebounded to roughly 70-80% of what they were in 2019 pre-COVID whereas global hotel companies like Marriott and Hilton are operating at roughly 35-40% of where they were in fall 2019. But even with this profitable Q3, on a trailing twelve months (TTM) basis Airbnb has a GAAP net loss of >$1 billion.

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Seven Things Your Customers Can Do Better Than You

YoungUpstarts

You take that money and invest a good portion of it in traditional sales and marketing efforts — including product developers, creative people, and salespeople, all of whom are paid to figure out what buyers want and to say good things about your company — in a quest to get even more customers. In return, the customers pay you money.

Customer 168
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How to Use Frugal Innovation to Grow Your Startup

ReadWriteStart

As the global economic situation deteriorates amid the Russian invasion of Ukraine and soaring energy costs, many aspiring entrepreneurs might be tempted to give up and wait for better days. In recent years, however, frugal innovation has also gained traction in developed countries. But don’t give up! The Renault Logan.

Startup 198
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Are You Putting Your Rock Star Customers To Work?

YoungUpstarts

Talented product developers. SAS Canada “customer champions” helped the firm restore declining customer retention rates—which had fallen as low as the mid-80s percent — back to the firm’s traditional high retention rates of 97-98 percent. Even if you’re a global firm, it’s a good idea to restore community marketing.

Customer 154
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Beauty On Demand

YoungUpstarts

With men and women increasingly investing in beauty services to get their groove on in today’s globalized world of style and luxury, a beauty on demand app would terminate the one thing people cannot afford despite needing the next-gen trendy haircut – TIME. Lucintel forecasts that the beauty industry globally will grow at a rate of 3.4

Demand 138
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22 Entrepreneurs Reveal The Companies They Admire Most For Innovation

Hearpreneur

It drives media attention and fosters customer retention rate, which is why most companies strive to have it in their mission statement. Tesla has always put a huge emphasis on product development and technological advancement. They have a unique selling point because Microsoft is one of the top technology companies globally.